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SaaS Security Software Startup achieving $1m funding

Phil Howie
·
December 7, 2021

We have some big news to share - Onwardly has successfully closed $1m in seed funding after our first year of growth! 🎉🚀

Less than a year since launching, we have brought on several high net worth investors to fund growth and further product development into 2022 and beyond.

Founded in 2020, Onwardly is a SaaS platform helping tech leaders create well-defended businesses through self-assessment, expert policy and a user-friendly platform to manage everything related to cybersecurity - including compliance.

The seed round was led by Kendra Ross of We Love Cyber, and supported by Pushpay founders Eliot Crowther and Chris Heaslip and entrepreneurs Zheng Li & JD Trask of Raygun.

“It’s beginning to dawn on the world at large that cybercrime is escalating and businesses need to up their up their game, but for many they just don’t know where to start, that’s what drew me to Onwardly.” said Kendra Ross, a well known entrepreneur in the cybersecurity industry. “I have been in this industry for a long time and this is the first time I have seen a solution take the complexity out of the cybersecurity journey and at the same time help businesses achieve resilience at such a fast rate.” says Kendra Ross.

“I’m thrilled to have such a high calibre list of investors who believe in the potential of taking Onwardly to the world. These are folks I have huge respect for, and I’m looking forward to working with them as we grow.” says PhilHowie, Founder and CEO.

Disappointed by the current state of security software in his former role, Phil set about to create something genuinely designed for smaller businesses - starting with tech companies in mind.

“In startups, you are running as fast as you can. Everyone knows they should care about security, but few are able to really do it justice. Security work is often poorly understood, unorganised and often seen as tomorrow’s problem. Onwardly changes this by offering a clear pathway to security success.” says Phil.

Onwardly enables businesses to regain confidence in their security programs, save time by planning and collaborating on security tasks and scale up their security program alongside the growth of their business by impressing prospects and winning deals.

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